Tuesday, September 27, 2022 | Back issues
Courthouse News Service Courthouse News Service

Ponzi Feeder Fund

A class claims in court that Acrebay Capital Management, Credit Portfolio Lending II and their directors defrauded investors through a feeder fund for a $345 million Ponzi scam.

ROCKVILLE, Md. — A class claims in court that Acrebay Capital Management, Credit Portfolio Lending II and their directors defrauded investors through a feeder fund for a $345 million Ponzi scam.

Read the Top 8

Sign up for the Top 8, a roundup of the day's top stories delivered directly to your inbox Monday through Friday.

Loading
Loading...